Govt should ban cold-callers to save pensioners, AJ Bell

Making cold-calling illegal would create a "valuable barrier" between savers and those who want to take their money, preventing scams from further proliferating, the firm said. Cold-calling is a common tactic used by scammers and other providers of unregulated investment products to gain new clients, who otherwise would not have been aware of the products. The investments offered often involve overseas property development or domestic parking spaces and store pods. Investors are predominantly being lured with offers of high returns and buy-back guarantees on their investment. Ho...